Circle is literally the first time the public market can get direct exposure to stablecoins.
One of the hottest topics especially after the genius bill.
Of course the stock will full send like crazy.
Traditional metrics don’t apply when the market has FOMO.
It’s no different than bidding pictures of dogs to billions.
Nobody cares about the fee share to Coinbase or the P/E ratio.
Not yet at least. At some the market will care and the price will correct.
Yes I did take profits at $200 after being up more than 110% on my buys.
Looks like I was too early to do that but timing the top is impossible.